Projections in the Textile Sector at a Glance

Projections in the Textile Sector at a Glance

The global textile & clothing business 2017 is said to be worth roughly US €3660 billion. According to the World Trade Organisation forecast global trade is set to expand by 3.3% this year and 4% in 2018. Major investment into innovation has helped to...

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Oil Price Variation’s impact on the Shipping Industry

Oil Price Variation’s impact on the Shipping Industry

Nearly all merchant ships use oil in some form for their main engines and for generating electricity. Fuel costs are a major element of the running costs of a ship. When consumption is measured in tens of tons per day the saving on a four-week voyage can be...

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Greek Fiscal Years’ Forecasts 2017/2018

Greek Fiscal Years’ Forecasts 2017/2018

Greece’s economic activity is expected to accelerate markedly in 2017 on account of strengthened economic sentiment after the conclusion of the first review of the ESM program, and stabilization of public finances. Furthermore, unemployment rate is set to continue...

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Greek Textile Industry Overview

Greek Textile Industry Overview

The Greek Textile Industry presented important rhythms of growth in the past decades. In the 60’ and 70’s period, Greek textile Industry maintained a powerful place in the domestic industry. The Greek Textile Industry has also undergone significant changes...

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Greece’s Main Industries

Greece’s Main Industries

As of 2016, the Greek economy is ranked 45nd largest in the world in terms of nominal gross domestic product, according to the World Bank. It is also ranked 15th among the economies of the 27 member countries of the European Union. The economy of Greece is...

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Newly Implemented Common Reporting Standard

Newly Implemented Common Reporting Standard

On 9 December 2014, the Council of the European Union adopted Directive 2014/107/EU amending Directive 2011/16/EU of 15 February 2011 on administrative cooperation in the field of taxation which now provides for an automatic exchange of financial account...

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